About Knob Hill

Real Estate Prices and Overview

Knob Hill median real estate price is $165,583, which is less expensive than 83.4% of Colorado neighborhoods
and 53.3% of all U.S. neighborhoods.

The average rental price in Knob Hill
is currently $922, based on NeighborhoodScout's exclusive analysis.
Rents here are currently lower in price than 67.0% of Colorado
neighborhoods.

Knob Hill is a suburban neighborhood (based on population
density) located in Colorado Springs, Colorado.

Knob Hill real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom)
apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate
is renter occupied. Many of the residences in the Knob Hill neighborhood
are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in
Knob Hill. The current real estate vacancy rate here is 19.5%.
This is higher than the rate of vacancies in 84.0% of
all U.S. neighborhoods. In addition, most vacant housing here
is vacant year round. This can sometimes be the case in neighborhoods
dominated by new construction that is not yet occupied.
But often neighborhoods with vacancy rates this high are places that
can be plagued by a protracted vacancy problem. If you live here, you
may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from
its setting, its buildings, and its flavor, can make all the difference. This
neighborhood has some really cool things about the way it looks and feels as
revealed by NeighborhoodScout's exclusive research. This might include anything
from the housing stock to the types of households living here to how people
get around.

Notable & Unique: Diversity

Did you know that the Knob Hill neighborhood has more
Czechoslovakian and Spanish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.0% of
this neighborhood's residents have Czechoslovakian ancestry and 1.3% have Spanish ancestry.

Knob Hill is also pretty special linguistically. Significantly, 0.4% of its residents five years old and above primarily
speak Yiddish at home. While this may seem like a small percentage, it is higher
than 99.0% of the neighborhoods in America.

Notable & Unique: Occupations

The Knob Hill neighborhood stands out nationally for having
a greater proportion of its residents active in the military than
98.7% of other U.S. neighborhoods. If you come here, you
will notice military people active in their jobs, going to and from work,
and in plain clothes out and about the neighborhood.

Notable & Unique: People

Astoundingly, the Knob Hill neighborhood has one of the highest
concentrations of divorcees living here than of any neighborhood, a
higher concentration than NeighborhoodScout found in 97.7%
of U.S. neighborhoods. This may be because people living here divorce
more often than others, or that divorced people move here after they
become divorced. If you are divorced, you will be in good company in
this particular Colorado Springs neighborhood.

Notable & Unique: Migration / Stability

The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
In the Knob Hill neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 97.5% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.

The Neighbors

The Neighbors: Income

There are two complementary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.

The neighbors in the Knob Hill neighborhood in Colorado Springs are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 88.8% of U.S. neighborhoods.
With 23.5% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 62.5%
of U.S. neighborhoods.

The Neighbors: Occupations

The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.

In the Knob Hill neighborhood, 30.4% of the working population is employed in
sales and service jobs, from major sales accounts, to working in fast food restaurants.
The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 26.5% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(23.9%), and 19.2% in clerical, assistant, and tech support occupations.

The Neighbors: Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.

In the Knob Hill neighborhood in Colorado Springs, CO, residents
most commonly identify their ethnicity or ancestry as German (13.4%).
There are also a number of people of Mexican
ancestry (9.3%), and residents who report Irish roots
(8.0%), and some of the residents are also of Asian
ancestry (3.1%), along with some English ancestry residents
(3.0%), among others.

The Neighbors: Languages

The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the Knob Hill
neighborhood is English, spoken by 91.8% of households. Other important languages spoken here include Spanish and Korean.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your
day it takes to do so is a large quality of life and financial issue. Especially
with gasoline prices rising and expected to continue doing so, the length and
means of one's commute can be a financial burden. Some neighborhoods are physically
located so that many residents have to drive in their own car, others are set
up so many walk to work, or can take a train, bus, or bike.
The greatest number of commuters in Knob Hill neighborhood spend
between 15 and 30 minutes commuting one-way to work (52.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (76.0%) drive alone in a private automobile to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (8.2%) and 6.4% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.

* Depending on where you live in this neighborhood, your children may attend these
schools or other schools outside the neighborhood. Always check with your local
school department to determine which schools your children may attend based on
your specific address and your child's grade-level.

Crimes Per Square Mile

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